Fort Lauderdale Facility and AI Analytics Provide Enhanced Savings in Litigation Review for Corporations and Law Firms
NEW YORK, April 29, 2019 – FRONTEO USA, Inc. (“FRONTEO USA”), a wholly-owned subsidiary of FRONTEO, Inc. (NASDAQ:FTEO) (TSE:2158), a leading provider of global eDiscovery, advanced review and big data analysis services utilizing artificial intelligence (“AI”), today announced the opening of its new review center in Ft. Lauderdale, Florida. The facility expands the company’s portfolio of US-based locations that include New York, Washington DC, Los Angeles, San Francisco and Houston. In addition, FRONTEO has international centers for foreign language review Asia in Japan, Korea and Taiwan.
FRONTEO selected Ft. Lauderdale for its cost-effective business environment and deep pool of professional attorneys with experience in performing review of litigation discovery documents. In addition, the new location enables FRONTEO to provide significantly lower costs for this important eDiscovery related service.
“With this new facility and service model, we are responding to client demands for lower cost options and the utilization of analytics and AI to accelerate managed review” said Naritomo Ikeue, CEO of FRONTEO USA.
Aaron Fluss, National Director of Review Services, added: “The Ft. Lauderdale facility and regional reviewer resources will help our team to meet the requirements of many of our biggest customers. We can now offer more competitive hourly review rates while maintaining the quality for which FRONTEO is known.”
About FRONTEO USA, Inc.
FRONTEO USA, Inc. (“FRONTEO USA”) is a wholly-owned direct subsidiary of FRONTEO, Inc. (“FRONTEO”) (NASDAQ:FTEO) (TSE:2158), Inc., a publicly traded global technology and services company specializing in big data, artificial intelligence, information governance, managed review, and litigation consulting for the eDiscovery market. FRONTEO USA serves AM Law 200 law firms, Fortune 500 companies and government agencies across all phases of the eDiscovery process including collection, processing, forensic investigation, hosted review, and production. FRONTEO USA provides robust English language services along with advanced specialization in Chinese, Japanese and Korean (CJK) languages supported by our Lit i View™ platform. Driven by FRONTEO’s unique AI technology KIBIT™, companies are able to proactively and predictively assess fraud, data leakage and pre-crime events alongside the eDiscovery lifecycle and gain a deep understanding of their data. FRONTEO USA is a Relativity Best in Service Orange partner, and maintains review centers in San Francisco, Los Angeles, Phoenix, Houston, New York, Washington, DC, Tokyo, Seoul, Taipei City, and Manila. For more information visit www.fronteo.com.
Safe Harbor Statement
This announcement contains forward-looking statements. These forward-looking statements are made under the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. These statements can be identified by terminology such as “will,” “expects,” “aims” “anticipates,” “future,” “intends,” “plans,” “believes,” “estimates” and similar statements. Among other things, plans regarding future eDiscovery support services are forward-looking statements. FRONTEO may also make written or oral forward-looking statements in its reports filed with, or furnished to, the U.S. Securities and Exchange Commission, in its annual reports to shareholders, in press releases and other written materials and in oral statements made by its officers, directors or employees to third parties. Statements that are not historical facts, including statements about FRONTEO’s beliefs and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. A number of factors could cause actual results to differ materially from those contained in any forward-looking statement, including but not limited to the following: FRONTEO’s goals and strategies; FRONTEO’s expansion plans; the expected growth of the data center services market; expectations regarding demand for, and market acceptance of, FRONTEO’s services; FRONTEO’s expectations regarding keeping and strengthening its relationships with customers; FRONTEO’s plans to invest in research and development to enhance its solution and service offerings; and general economic and business conditions in the regions where FRONTEO provides solutions and services. Further information regarding these and other risks is included in FRONTEO’s reports filed with, or furnished to the Securities and Exchange Commission. FRONTEO does not undertake any obligation to update any forward-looking statement, except as required under applicable law. All information provided in this press release and in the attachments is as of the date of this press release, and FRONTEO undertakes no duty to update such information, except as required under applicable law.